Brian Dhatt
Brian Dhatt, the Company’s Chief Technology Officer, mutually agreed that Mr. Dhatt would separate from his position as Chief Technology Officer and an employee of the Company effective as of April 30, 2025.
Highest-materiality recent filing
Commerce.com stockholders elect directors, ratify auditor, approve say-on-pay
Directors Donald E. Clarke (28.9M for, 15.8M withheld) and Ellen Siminoff (30.6M for, 14.1M withheld) elected.
Commerce.com Q1 revenue $86.8M (+5% YoY), GAAP net income $3.7M vs prior loss
Total revenue $86.8M (+5% YoY); ARR $359.8M (+3% YoY); GMV $8.3B (+14% YoY).
Commerce.com (CMRC) adopts rights plan to block Rezolve Ai's (RZLV) unsolicited bid at 47% discount
Rezolve Ai proposed exchanging 1 share for every 2 Commerce.com shares, implying a 47% discount based on $2.88 closing on April 7.
Commerce.com FY2025 revenue $342.3M (+3% YoY); GAAP net loss narrows to $19.3M
Q4 2025 revenue $89.5M (+3% YoY); subscription revenue $65.2M (+5% YoY).
Commerce.com workforce reduction plan charges $7.4M; CFO adds COO role
Workforce realignment plan committed Dec 31, 2025; $7.4M expense recorded in Q4 FY2025, $6.5M expected in FY2026.
Q3 revenue $86.0M (+3% YoY); subscription solutions revenue $64.7M (+3%).
Commerce.com CCO Russell Klein to retire Nov 1, 2025; Weber assumes duties
Russell Klein, Chief Commercial Officer, mutually agreed to retire effective November 1, 2025.
Commerce.com extends Executive Chair Siminoff's term through Sept 2026 with $200K and options
Board extended Ellen F. Siminoff's term as Executive Chair for one year, beginning October 1, 2025.
Commerce.com Q2 revenue $84.4M (+3% YoY), net loss narrows to $8.4M; ticker changes to CMRC Aug 1
Revenue $84.4M (+3% YoY); GAAP net loss ($8.4M) vs ($11.3M); Enterprise ARR $269.3M (+6%)
BigCommerce board member Lawrence Bohn resigns; Anil Kamath appointed director
Lawrence Bohn retired from Board effective July 1, 2025; resignation not due to any disagreement.
BigCommerce annual meeting: directors elected, say-on-pay passes narrowly after strong opposition
Class II directors Sally Gilligan and Satish Malhotra elected with 73.7% and 64.5% of votes cast, respectively; Malhotra had 15.8M withheld.
BigCommerce Q1 revenue up 3% to $82.4M; narrows net loss; adds CRO, CMO, CPO
Total revenue $82.4M (+3% YoY); Enterprise ARR $263.8M (+6%), now 75% of total ARR.
BigCommerce CTO Brian Dhatt to leave April 30; SVP Eng Marcus Groff assumes duties
Brian Dhatt and BigCommerce mutually agreed he will separate as CTO and employee effective April 30, 2025.
BigCommerce amends CEO Hess's severance; adds 12-month base pay for certain terminations
Compensation Committee approved letter amending CEO Travis Hess's employment agreement.
Q4 revenue $87.0M (+3% YoY); FY revenue $332.9M (+8% YoY).
Sublease with Expedia for ~65,000 sq ft at Domain 11 in Austin, effective Jan 3, 2025.
BigCommerce customers post 26% Cyber Week GMV increase, outperforming global benchmarks
GMV up 26% globally during Cyber Week; total orders +13%, AOV +11%.
BigCommerce Q3 revenue $83.7M (+7% YoY); appoints Travis Hess as CEO
GAAP net loss narrowed to $7.0M from $20.3M; non-GAAP net income $4.4M vs $0.7M YoY.
Brent Bellm terminated as CEO effective Sep 30; receives 12 months base salary + healthcare; serves as advisor through Oct 18.
BigCommerce exchanges $161.2M of 0.25% convertible notes for $150M of 7.5% notes due 2028
Exchanged $161.2M of 0.25% notes due 2026 for $150M of 7.5% notes due 2028.
Q2 rev $81.8M (+8% YoY); GAAP loss narrows; exchanges & repurchases convertible notes
Revenue $81.8M (+8% YoY); subscription solutions revenue $61.8M (+10% YoY).
BigCommerce shareholders elect three Class I directors, ratify EY as auditor
Brent Bellm re-elected with 45,982,225 votes for, 1,221,935 withheld; broker non-votes 10,874,578.
BigCommerce Q1 revenue $80.4M (+12% YoY); GAAP net loss narrows to $6.4M from $22.1M
Revenue $80.4M, up 12% YoY; subscription revenue $61.0M, up 13%.
Travis Hess appointed President, effective May 28, 2024; leads global go-to-market and operations.
BigCommerce grants performance-based RSUs to six executives tied to EBITDA, revenue, and TSR
Brent Bellm (CEO) receives 63,493 target EBITDA RSUs, 63,493 revenue RSUs, and 63,494 TSR RSUs.
Brian Dhatt, the Company’s Chief Technology Officer, mutually agreed that Mr. Dhatt would separate from his position as Chief Technology Officer and an employee of the Company effective as of April 30, 2025.
Concurrently, the Board elected Mr. Hess as a director of the Company, to fill the vacancy created by Mr. Bellm’s departure.
On September 30, 2024, the Board of Directors (the “Board”) of the Company notified Brent Bellm that his employment as the Company’s Chief Executive Officer was terminated.
On October 1, 2024, Mr. Bellm notified the Company of his resignation from the Board, including all committees on which he serves, effective immediately.
On September 30, 2024, the Board appointed Travis Hess, previously President of the Company, to succeed Mr. Bellm as the Company’s Chief Executive Officer, effective October 1, 2024.
On April 24, 2024, BigCommerce Holdings, Inc. (the “Company”), appointed Travis Hess, age 52, as its President, effective May 28, 2024.
Max materiality 0.80 · Median 0.65 · Most common event earnings